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Old Posted May 17, 2016, 2:51 PM
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animatedmartian animatedmartian is offline
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This project has been upgraded to 12 stories.
Quote:
The Exchange building grows into $35 million, 12-story project
By Emily Monacelli. MLive. May 17, 2016.




The Exchange building, a commercial and residential project planned for the southeast corner of Rose Street and Michigan Avenue, is now a $35 million, 12-story project. It will offer 140 one-and two-bedroom market-rate apartments, covered parking and commercial space.

First announced in May 2011, the Exchange building had been billed as a $28 million, nine-story building with one story below ground, which would offer 50 market-rate apartments, covered parking and commercial space.

Developer Gregory Taylor of Phoenix Properties has teamed up with Plazacorp for the bigger project. It is expected to break ground this fall.

....
http://www.mlive.com/news/kalamazoo/..._exchange.html

The project was previously stalled due to financing issues.